What are Company Secretaries?
Company secretaries support the directors of a company and help companies comply with their administrative and governance requirements.
- It’s not compulsory for private companies to have a company secretary.
- Company secretaries can help with administrative compliance, corporate governance and reduce the risk of non-compliance and fines.
- One person can be a director and company secretary at the same time.
- If you appoint a secretary for your company, you must get their signed consent to act and let ASIC know.
- A company secretary must be at least 18 years old and for a company that has one, at least one that is ordinarily resident in Australia.
- Company secretaries have legal obligations similar to those of directors.
If you have any questions regarding how or when to appoint a company secretary, please do not hesitate to get in contact with Morrissey Law & Advisory.
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